Tron and Thunder Token are becoming more and more popular among crypto investors and traders. Often traders and investors convert Tron to Thunder Token and vice versa to get profits from investments. You can convert Tron to Thunder Token quickly without much effort, and this article will show you how.
What You Should Know About TRX and TT Before Exchanging
TRX and TT are among the most popular cryptocurrencies for investment. This is the reason why crypto enthusiasts actively convert TRX to TT. Let’s discuss Tron and Thunder Token in more detail.
Main Points About Tron
TRON is a decentralized platform for user interaction and content exchange based on blockchain and P2P technologies. In the beginning, it was positioned as a new generation social network — it doesn’t depend on any centralized management. Anyone can create content and share it with the world. TRON’s original idea was to eradicate unfair rules of social networks and allow participants to manage the monetization of their data themselves. Benefits of TRON:
- Excellent scalability. Highly efficient smart contracts and high scalability are criteria that open up a lot of opportunities for developers to deploy their applications. Millions of people can use those applications simultaneously.
- Good throughput. Thanks to improved speed, TRON is much better suited for everyday purposes than Ethereum or Bitcoin.
- Improved reward distribution mechanism. It increases the intrinsic value of the product, makes the project more decentralized, and makes the network structure robust.
TRX is a coin of the TRON network. It is needed for transactions and is valuable as an investment tool.
Main Points About Thunder Token
Thunder is another scalable blockchain that can handle 4,000 transactions per second (tps). It was created in 2019 and since then has greatly increased its community. Attention to this network is growing from year to year, and so does the TT price. Benefits of Thunder token:
- Speed and convenience. Transaction confirmation lasts 1 second, and the platform has an impeccable user interface.
- EVM compatibility. Thunder provides full compatibility with all Ethereum smart contracts and tools.
- Scalability. Thunder has the same speed as VISA — it can handle 4,000+ tps. It also has low gas fees.
- Security. The consensus protocol is mathematically proven to be secure.
TT uses the Proof-of-Stake algorithm. Because of this, it is impossible to mine Thunder Token. Nevertheless, it is highly prospective crypto. The prices of TT and TRX crypto are constantly changing. Let’s discu.ss TRX and TT price tendencies to get a better understanding of the right investment time.
TRX to TT Price Tendencies
TT hit the market in May 2019. Its price was around $0.02, and right after it appeared on the market it began to decrease. In September 2019, it reached $0.003. During six months, TT could not reach its initial price. Only in March 2021, its price reach $0.02 and then spiked to $0.037 in April. Since then, TT price has dropped again and hasn’t recovered to this day. In January 2022, it was trading at about $0.009. TRX appeared on the market earlier than TT — in September 2017. Tron price was $0.0014. In January 2018 TRX price reached $0.22 and then dropped to $0.03 in February. It then managed to increase to $0.16 only in April 2021. However, in July 2021, the TRX price fell back to $0.05 and has been valued at $0.05-0.1 ever since. In January 2022, the price was $0.06. TRX shows better price tendencies than TT because its price has never been lower than the initial ($0.0014).
How to Swap TRX to TT Rapidly Without Effort
To swap TRX to TT and vice versa you need three things: crypto wallet, calculator, and exchange platform. All these components are necessary for a successful swap. A cryptocurrency wallet is a place where you store all your crypto. You will send your TRX tokens from this wallet and receive TT tokens on it. There are a lot of crypto wallets that you can use for storing TRX and TT, for example, Metamask, Sapien Wallet, Trust Wallet, Exodus. A calculator is a tool that shows you the amounts of TRX and TT you need for a swap. It should show you this rate in real-time. This is very important because the prices of cryptocurrencies change quickly.
An exchange platform is a place that receives your TRX tokens and sends you TT tokens. Today there are a lot of exchange platforms that can help you swap TRX to TT and vice versa. However, not all of them provide a decent service. The main characteristics of the best exchange platforms are:
- Variety of altcoin choices
- Simple user interface
- Absence of KYC (Know Your Customer)
- Quick transaction speed
- Low fees
- High liquidity
There are not so many exchange platforms that suit these characteristics. One of them is Godex — an anonymous cryptocurrency exchange with a real-time calculator.
To Summarize
Now you know how to swap TRX to TT and what is needed for this. Calculator, wallet, exchange platform — this is what you need to convert TRX to TT and vice versa. The choice of the exchange depends only on your preferences.
Article edit by John Malcom